NEW YORK, March 28, 2019 (GLOBE NEWSWIRE) -- Ricky Sitomer, CEO of Star Jets International, the leading Private Jet Charter Company, announces record 2018 year-end financials. In 2018, Star Jets International, in its second full year of operation, did approximately $7 million in revenue, a 23% increase from 2017.
The Company’s tremendous organic growth increased its revenue from $5.7 million in 2017 to over $7,000,000 in 2018.
Mr. Sitomer stated, "We are extremely proud of our progress in our second full-year of operations. In 2017, Star Jets International became a publicly traded company with an official name change, and a trading symbol change to JETR. We are executing our business and operational plan very well, and look forward to our continued progress and continued growth.”
In addition to JETR’s record 2018 full-year numbers, the Company officially developed its online and mobile booking engine. The online booking engine automatically quotes prices and immediately gives the customer the ability to book a flight within four hours’ notice. Management expects the booking engine to significantly add to JETR’s revenue growth in the 2019 operational year.
Further, The Company’s management team engaged an auditing firm, to do all the 2017 and 2018 audits in order to up-lift onto the OTCQB, with an expectation that the audits and uplifting can be accomplished in the second quarter of 2019.
About Star Jets International, Inc.
Star Jets International, Inc. (OTCPINK:JETR) offers its customers all the advantages of owning a corporate jet, without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. Star Jets executives have nearly 20 years of experience in aviation and marketing,
http://starjetsinternational.com/ and https://private-jet-charter-flight.com/.
For more information about this press release and Star Jets International, contract Ricky Sitomer at 917-331-5152.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT
Ricky Sitomer
CEO
Star Jets International Inc.
Tower 57
135 East 57th Street 11th Floor
New York, NY 10022
Mobile: 917-331-5152
Phone: 855-9-FLYJETS
Fax: 212-658-9810
RS@StarJetsIntl.com
www.StarJetsIntl.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/11f07c82-96a2-47be-9f7b-be64407fd81b